Mtechtips MCX-SX GBPINR INTRADAY trading analysis 29-07-2016
Mtechtips MCX-SX GBPINR INTRADAY trading analysis 29-07-2016
MTECHTIPS GBPINR retraced form the day high 89.2025 and tested 88.6275 before closing at 88.70 levels. Since 22 July 27, 2016 GPBINR consolidating in between 88.95-88.40 and constructing short term pennant pattern. However, pattern is yet not completed but a breakdown of 88.40 could bring decent fall in GBPINR. Further, massive resistance is seen at 89.10 and pair would need to trade above this level in order to test 89.65-90.00
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